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Spyker, Youngman plan to build Saab-based cars
Mon, 27 Aug 2012Dutch supercar maker Spyker says it will form two joint ventures with China's Zhejiang Youngman to produce Saab-based vehicles and a luxury SUV under the terms of a deal that will give Youngman a 29.9-percent share in Spyker. Youngman was one of the Chinese companies Spyker turned to for investment when it was trying to revive the Saab brand under its ownership. After failing to get approval for the sale from General Motors, a former Saab owner, the deal with Youngman collapsed and Saab was declared bankrupt in December 2011.
Toyota Aygo gets a nip and tuck for 2012
Fri, 06 Jan 20122012 Toyota Aygo gets a Facelift Toyota has joined Peugeot and Citroen in giving the Toyota Aygo a mild workover to freshen it for 2012. Cosmetic changes and improved economy. In perhaps the least surprising announcement of 2012 so far, Toyota has revealed they’ve given the Aygo a facelift for 2012.
Millions of Ford vehicles recalled for engine-fire risk are still unrepaired
Fri, 22 Oct 2010About 8.4 million Ford vehicles that can possibly catch fire remain on the road because of lack of owner information even after the largest U.S. safety recall ever, regulators said Thursday. The National Highway Traffic Safety Administration urged owners of the 14 million vehicles recalled between 1999 and 2009 for leaky cruise-control switches to take their unrepaired vehicles in to dealers.